Yahoo names Scott Thompson as CEO Wednesday, January 4, 10:00 AM ET
Struggling Internet search engine Yahoo! (NASDAQ:
YHOO) will name PayPal President Scott Thompson as CEO, according to sources. He would replace former CEO Carol Bartz, who was fired in September.
Thompson is currently running PayPal, eBay's (NASDAQ:
EBAY) online payment unit.
Yahoo! Has been struggling with competition from newer companies, such as Google (NASDAQ:
GOOG) and Facebook.
The company rejected an unsolicited takeover bid by Microsoft (NASDAQ:
MSFT) in 2008.
It has been unwinding its shares in Chinese search engine Alibaba, which has hired a consultant to potenitally negotiate a deal to take over Yahoo! if their partnership were to fail entirely.
For MarketNewsVideo.com, I'm Sayoko Murase.
Tuesday Sector Laggards: Metals & Mining, Education & Training Services
Related symbols: RNO, SCOK, ESI, EDMC
Monday Sector Leaders: Metals & Mining, Education & Training Services
Related symbols: SCOK, ANR, ESI, EDMC
Monday Sector Laggards: Aerospace & Defense, Railroads
Related symbols: ATRO, ESLT, CSX, CP
Tuesday's ETF with Unusual Volume: FTA
Related symbols: FTA, RF, F, CCL, IBM
Tuesday's ETF Movers: IYT, ILF
Related symbols: LUV, KEX, PBR.A, BBD, ILF, IYT
RWM, VIXY: Big ETF Outflows
Related symbols: RWM, VIXY
Daily Dividend Report: AAPL, ABBV, AEP, WPZ, LLY, SO, NSC, EXC, ETN, NBL, WHR, CCE, LLL, HLS
Related symbols: AAPL, ABBV, AEP, WPZ, LLY, SO, NSC, EXC, ETN, NBL, WHR, CCE, LLL, HLS
Daily Dividend Report: HAL, VFC, ERF, AMGN, NEE, MOS, SJM, SEE
Related symbols: HAL, VFC, ERF, AMGN, NEE, MOS, SJM, SEE
Daily Dividend Report: HBAN, OHI, B, SLB, MS, DFS, PPG, SNDK, ED
Related symbols: HBAN, OHI, B, SLB, MS, DFS, PPG, SNDK, ED
Weekly Market Wrap: October 17, 2014
Related symbols: AMD, BAC, AAPL, GE, JNJ, PAYX, CCL, SWK
Weekly Market Wrap: October 10, 2014
Related symbols: BAC, MU, INTC, GTAT, CAT, WAG, F, KRFT, ALG
Weekly Market Wrap: October 3, 2014
Related symbols: COP, GLW, PSX, MUR, IR, BAC, AAPL, MDT
Week Ahead Market Report: October 20, 2014
Related symbols: BAC, AAPL, PFE, AOS, KMB, ABT, DOW, GM, MMM, AAL, DPS, LLY, LO, B, CL, PG, UPS
About The Week Ahead Market Report
Week Ahead Market Report: October 13, 2014
Related symbols: BAC, CSX, AAPL, FB, SIRI, C, JPM, INTC, AXP, EBAY, NFLX, AMD, BHI, COF, BK, GE, MS
All videos » |
Stock market definitions »
Yahoo names Scott Thompson as CEO
| Market News Video | Copyright © 2008 - 2014, All Rights Reserved
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.